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This paper analyzes the effect of educational mismatch on wages, using a rich panel dataset of workers in the major euro area countries from 2006 to 2009, drawn from the European Union Statistics on Income and Living Conditions (Eurostat). We use a consistent estimator to address the two...
Persistent link: https://www.econbiz.de/10009687794
We comment on the work of Hanushek et al. (2015) and show that returns to skills are very heterogeneous and depend crucially on the tasks performed in the workplace, in line with the critique by Acemoglu and Autor (2011). Depending on the type of tasks performed at work, as well as on...
Persistent link: https://www.econbiz.de/10011718769
This paper investigates the influence of parental education on the returns to experience of Italian men using a new longitudinal dataset that contains detailed information on individual working histories. Our favourite panel estimates indicate that an additional year of parental education...
Persistent link: https://www.econbiz.de/10011317905
We use matched employee-employer data from the UK to highlight the importance of social skills, including the ability to work well in a team and communicate effectively with co-workers, as a driver for individual wage growth for workers with few formal educational qualifications. We show that...
Persistent link: https://www.econbiz.de/10014382140
In a span of six years, the proportion of Venezuelans in Perú has surged nearly fourfold, rising from virtually zero to over 4% of the population. This study delves into the dynamics of medium- and long-term labor market integration in Perú, combining data from the Venezuelan Population...
Persistent link: https://www.econbiz.de/10014537370
Matched employee-employer data from the UK are used to investigate the importance of social skills, in particular team-work and communication with co-workers, as a driver of wage growth for workers with lower formal education. We find that in social skills tasks, workers enjoy greater wage...
Persistent link: https://www.econbiz.de/10014505307
The US financial sector has become a magnet for the brightest graduates in the science, technology, engineering and mathematical fields (STEM). We provide quantitative bases for this anecdotal fact for the US, over the period 1980-2019 and with a specific focus on the last decade where...
Persistent link: https://www.econbiz.de/10013332194
same time, the mention of university education for AI roles declined by 23 percent, while AI roles advertise fi ve times as … many skills as job postings on average. Our regression analysis also shows that university degrees no longer show an …
Persistent link: https://www.econbiz.de/10014497402
In light of increasingly "smarter" technologies, the future of (human) labour is questioned on a daily basis. A study by Frey and Osborne (2013), one of the most recognised contributions in this domain, estimated that half of the US labour force is highly susceptible to computerisation in the...
Persistent link: https://www.econbiz.de/10011790864
An instrumental variables (IV) identification strategy that exploits statutory class size caps shows significant achievement gains in smaller classes in Italian primary schools. Gains from small classes are driven mainly by schools in Southern Italy, suggesting a substantial return to class size...
Persistent link: https://www.econbiz.de/10011283017